PCC review of P69.1-B telco buyout backed
Inquirer - 2016-09-15
The JFC cited the initial findings of the PCC, which earlier published a Preliminary Statement of Concerns on the Joint Acquisition by PLDT and Globe Telecom of Vega Telecom Inc., Bow Arken Holding Co. Inc. and Brightshare Holdings Corp. According to the ...

PLDT expands enterprise business
thestandard.com.ph - 2016-09-15
Leading telecoms and digital services provider PLDT Inc. continued to post double-digit growth in the enterprise segment in the first half, buoyed by data and broadband services which accounted for nearly 60 percent of enterprise revenues. PLDT reported ...

Centro Manufacturing upbeat on 2016 growth
BusinessMirror. - 2016-09-15
such as Megawide Construction Corp. and Meralco. Centro caters to the construction industry through its distributor partnership with a Swedish manufacturer of construction equipment, like loader cranes and truck-mounted forklifts. Centro exclusively ...

PLDT expands enterprise business
thestandard.com.ph - 2016-09-15
Leading telecoms and digital services provider PLDT Inc. continued to post double-digit growth in the enterprise segment in the first half, buoyed by data and broadband services which accounted for nearly 60 percent of enterprise revenues. PLDT reported ...

Globe, Davao City put up hotline for peace and order concerns
Manila Bulletin - 2016-09-15
Globe Telecom and the Davao City government are collaborating to help improve the peace and order situation in the city by putting in a place a hotline, 0917-Duterte (0917-3883783), to receive calls and texts relating to security concerns in the city.

CX-3 unveiled
BusinessMirror. - 2016-09-15
In Photo: Fujihashi Minoru (from left), general manager, Brand and Sales promotion, Asean Business Office of Mazda Motor Corp.; Steven Tan; president and CEO of Berjaya Auto Philippines; Dato Seri Ben Yeoh, executive director and CEO of Bermaz Motor ...

IFC launches EDGE building certification system in PH
Manila Bulletin - 2016-09-15
Recognized for their green buildings were ItalPinas Development Corporation for Primavera Residences condominium towers A and B in Cagayan de Oro and Imperial Homes for the affordable housing units Tiarra Premiere and Delsey in Santo Tomas, Batangas.

SolGen takes cudgels for PCC, files MR to lift CA probe ban
Manila Bulletin - 2016-09-15
The Office of the Solicitor General (SolGen) the other day (September 14, 2016) filed a Motion for Reconsideration (MR) after the Court of Appeals (CA) 12th Division ruled in favor of the Philippine Long Distance Telephone Co. (PLDT) on its acquisition ...

JFC sees telco deal anti-competitive, airs concern on CA TRO
Manila Bulletin - 2016-09-15
The Joint Foreign Chambers in the Philippines (JFC) expresses its concern over the preliminary injunction issued by the Court of Appeals (CA) enjoining the Philippine Competition Commission (PCC) from reviewing the controversial SMC-PLDT-Globe transaction ...

Arthaland to use proceeds of preferred-share offering for Laguna, Makati projects
BusinessMirror. - 2016-09-15
PROPERTY developer Arthaland Corp. said most of the proceeds of its P3-billion preferred share offering will go to its development projects. The biggest of these will be plowed to its South of Metro Manila project, where it intends to develop a medium-rise ...

Data, ICT solutions boost PLDT enterprise growth
BusinessMirror. - 2016-09-15
LEADING telecoms and digital-services provider PLDT has continued to post double-digit growth in the enterprise segment in the first half of the year, buoyed by data and broadband services, which accounted for nearly 60 percent of enterprise revenues.

DOT eyes integration of terminal fee, plane ticket
thestandard.com.ph - 2016-09-15
Under the plan, the domestic passenger service charge, commonly known as terminal fee, will be collected by the airlines as part of ticket payment in an effort to ease the queuing and delays at airport terminals. DOT, CAAP and Philippine carriers discuss ...

1,000 housing units in Tacloban City for uniformed personnel still unoccupied
interaksyon.com - 2016-09-15
another 450 for personnel of the Armed Forces of the Philippines; Bureau of Correction, 50; and Bureau of Fire Protection, 50. The housing project was undertaken by Solana Land Development Corporation and Golden Build Corporation. According to NHA Estate ...

1,000 housing units in Tacloban City for uniformed personnel still unoccupied
interaksyon.com - 2016-09-15
another 450 for personnel of the Armed Forces of the Philippines; Bureau of Correction, 50; and Bureau of Fire Protection, 50. The housing project was undertaken by Solana Land Development Corporation and Golden Build Corporation. According to NHA Estate ...

PSEi rebounds to 7,700 on bargain-hunting
Inquirer - 2016-09-15
New PSEi member Security Bank also firmed up along with Ayala Corp. and EDC. On the other hand, the services index was weighed down by telcos PLDT and Globe which respectively slipped by 2.82 percent and 0.35 percent. ICTSI also fell by 0.64 percent.

LIVE: 2016 Milken Institute Asia Summit
opensources.info - 2016-09-15
After a rocky start, global financial markets have shown surprising resilience in 2016. Jitters over slowing economic growth in China have subsided somewhat, offset by strength in U.S. job growth. The UK vote to exit the European Union initially shocked ...

Ayala looking into power, overseas acquisitions
interaksyon.com - 2016-09-15
MANILA - Ayala Corporation is scouting for acquisitions in the power, water and real estate spaces overseas including Indonesia. The firm also plans to boost investments in automotive and education. According to Paolo Borromeo, Ayala's managing director ...

Ayala looking into power, overseas acquisitions
interaksyon.com - 2016-09-15
MANILA - Ayala Corporation is scouting for acquisitions in the power, water and real estate spaces overseas including Indonesia. The firm also plans to boost investments in automotive and education. According to Paolo Borromeo, Ayala's managing director ...

Top tech experts and changemakers to convene in Bohol for Ocean 2016 Summit
The Daily Tribune - 2016-09-15
Young Filipino global leaders and shapers recognized by the World Economic Forum (WEF) are getting together and gearing up for the Open Collaboration ... new technologies to accelerate economic development and social progress?" The three-day summit ...

DMCI Homes debunks claim condo tower obstructs flight path to NAIA
www.msn.com - 2016-09-14
DMCI Homes on Thursday debunked the allegations of Senator Joseph Victor Ejercito that its condominium project in Taguig City obstructs the flight path of aircraft bound for the Ninoy Aquino International Airport (NAIA). "Cypress Towers was not built ...

Oppo's first Ultra HD Blu-ray player is coming later this year
MSN - 2016-09-14
So far, customers can choose from Samsung, Panasonic, RCA or Microsoft's Xbox One S (which unfortunately lacks bitstream audio capabilities necessary for Dolby Atmos), with Sony's first 4K-ready player due next year. We're still a bit shocked that the PS4 ...

PSE reviews sale of SMC telco assets
Philstar - 2016-09-14
admu.edu.ph MANILA, Philippines - The Philippine Stock Exchange is looking into the different issues surrounding the sale of the radio frequencies by listed company Liberty Telecoms Holdings Inc. In a chance interview yesterday, PSE chief operating ...

Telco kicks off network upgrade in Metro Cebu
Philstar - 2016-09-14
This new roll-out plan includes the use of the 700 MHz frequency band that Smart obtained under a co-use arrangement, from the acquisition of the telecom business of San Miguel Corporation (SMC), by PLDT and Globe Telecom in May this year. Along with its ...

Lascuña, Salvador storm ahead
Philstar - 2016-09-14
dropping into a share of the lead with Elmer Salvador at 68 as the Davaoeño aces took a one-stroke lead over the unheralded pair of Ramil Bisera and Rico Depilo at the start of the Central Azucarera de Tarlac Open here yesterday. Lascuña and Salvador ...

PLDT revenue from enterprise business up 10% to P15 B in H1
Philstar - 2016-09-14
MANILA, Philippines - PLDT Inc. posted a double-digit growth in enterprise business in the first six months from a year ago amid strong usage of data and broadband services. In a statement yesterday, PLDT said revenues from the enterprise business ...

Ayala eyeing Indonesia for power investments
thestandard.com.ph - 2016-09-14
Conglomerate Ayala Corp. is looking at Indonesia and other countries for investment opportunities in the power sector to expand and diversify its business portfolio. Ayala Corp. managing director and head of corporate strategy Paolo Borromeo said in an ...

Lascuña, Salvador set pace
thestandard.com.ph - 2016-09-14
TARLAC--Tony Lascuña stumbled with a late bogey at the front and dropped into a share of the lead with Elmer Salvador at 68 as the Davaoeño aces took a one-stroke lead over the unheralded pair of Ramil Bisera and Rico Depilo at the start of the Central ...

Lascuña, Salvador set pace
thestandard.com.ph - 2016-09-14
TARLAC--Tony Lascuña stumbled with a late bogey at the front and dropped into a share of the lead with Elmer Salvador at 68 as the Davaoeño aces took a one-stroke lead over the unheralded pair of Ramil Bisera and Rico Depilo at the start of the Central ...

Ayala eyeing Indonesia for power investments
thestandard.com.ph - 2016-09-14
The conglomerate through subsidiary Integrated Micro-Electronics Inc. signed an agreement last month to acquire a 76-percent interest in Via optronics GmbH, a leading optical bonding and display solutions provider, for 47.4 million euros.

Market drops; Megaworld up
thestandard.com.ph - 2016-09-14
Eight of the 20 most active stocks ended in the green, led by property developer Megaworld Corp. which climbed 2.2 percent to P4.60 and retailer Robinsons Retail Holdings Inc. which also rose 2.2 percent to P78.50. Metropolitan Bank & Trust Co. rose 1.8 ...

Market drops; Megaworld up
thestandard.com.ph - 2016-09-14
Metropolitan Bank & Trust Co. rose 1.8 percent to P86.90, while food manufacturer Universal Robina Corp. gained 1.5 percent to P183. Meanwhile, Asian markets mostly fell on Wednesday as uncertainty over the future of central bank monetary policy weighed on ...

CebuPac expands flights in Clark
Manila Standard Today - 2016-09-14
The airline unit of JG Summit Holdings Inc., the investment company of tycoon John Gokongwei, said it would increase its Clark-Cebu-Clark operations from three to six times weekly starting Dec. 16. Clark-Hong Kong-Clark flights will be increased from seven ...

Bourse studies Liberty delisting
Manila Standard Today - 2016-09-14
The Philippine Stock Exchange will resolve all issues involving Liberty Telecoms Holding Inc. including questions on non-disclosure and valuation issues before it decides on delisting the company, an official said Wednesday. PSE chief operating officer ...

The comfort of southern living
Manila Bulletin - 2016-09-14
Rockwell Primaries, the newest subsidiary of Rockwell Land, has two ongoing property development projects - 53 Benitez and The Vantage at Kapitolyo.

Udenna Corp. acquires stake in Negros Navigation, eyes 2GO
Manila Bulletin - 2016-09-14
Filipino firm Udenna Corporation will be expanding its business grip in the shipping and logistics sector with its stake acquisition in Negros Navigation Company, Inc., a major shareholder of logistics firm 2GO Group, Inc. According to Udenna Chief ...

Udenna Corp. acquires stake in Negros Navigation, eyes 2GO
Manila Bulletin - 2016-09-14
Filipino firm Udenna Corporation will be expanding its business grip in the shipping and logistics sector with its stake acquisition in Negros Navigation Company, Inc., a major shareholder of logistics firm 2GO Group, Inc. According to Udenna Chief ...

Trouble in ICTSI land
BusinessMirror. - 2016-09-14
Transnational and publicly listed firm International Container Terminal Services Inc. (ICTSI), whose owner and poster boy Enrique K. Razon Jr. is among Forbes top billionaires, now finds itself in a legal bind. The case stems from an estafa complaint ...

Pagcor revokes licenses of 197 gaming sites
BusinessMirror. - 2016-09-14
Earlier, the license of PhilWeb (a gaming technology provider) expired and was not renewed. This resulted in the closure of 286 e-games stations.

Biz Buzz: Labor appeal
Inquirer - 2016-09-14
The company recently exited its direct participation in the power ... UCPB Savings Bank, Security Bank, China Bank, China Bank Savings, Philippine Bank of Communication and UCPB. The seventh bank, UCPB, completed its migration to EMV over the weekend.

Filinvest eyes 3 more hotels in Mimosa Estate
Philstar - 2016-09-14
MANILA, Philippines - Filinvest Development Corp. (FDC) plans to build three more hotels in the 201.64 hectare Mimosa Leisure Estate in Clark, Pampanga, its top official said. Early this year, FDC won the contract for the lease, development, and ...

Foreign capital nearly doubles in H1
Philstar - 2016-09-14
MANILA, Philippines - Foreign direct investments (FDIs) flowing into the Philippines almost doubled in the first half despite plunging to its lowest level this year in June, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Data released by the ...

Cancelled flights due to Typhoon Ferdie
Rappler - 2016-09-14
MANILA, Philippines - Several airlines cancelled flights as Typhoon Ferdie (Meranti) battered Taiwan and extreme Northern Luzon. The Manila International Airport Authority (MIAA) announced that the following flights have been cancelled as of 1 pm on ...

PLDT building 2nd data center in Cebu
interaksyon.com - 2016-09-14
MANILA -- PLDT is now building its second data center in Cebu in line with its push to beef up its digital services as well as service the growing IT requirements of enterprises in Visayas and Mindanao. The company said the data center, which will be ...

Condominium blamed for obstructing Naia flight path
Philippine Daily Inquirer - 2016-09-14
Ejercito was referring to the Cypress Tower along C-5 road in Taguig City, which he said is a project of DMCI Project Developers Inc. It was also DMCI that developed the controversial Torre de Manila condominium at the Luneta Park. He said he has been ...

Why buy when the same can be cooked at home, new mantra of Indian consumers
Economic Times - 2016-09-14
It's this familiarity which has led to increase of in-home consumption of our products and triggered growth in usage at home," Yogesh Bellani, chief executive of FieldFresh Foods, a joint venture between Bharti Enterprises and Del Monte Pacific said.

Hotline for crime prevention in Davao set up
Philstar - 2016-09-14
MANILA, Philippines - Globe Telecom Inc. and the Davao City government have set up a hotline for crime prevention in the city. In a statement, Globe said 0917-Duterte (0917-3883783) is part of its collaboration with the local government of Davao City to ...

Readout of US-ASEAN Summit in Vientiane, Laos - Telephonic Press Briefing with Nina Hachigian, U.S. Ambassador to ASEAN
U.S. Department of State - 2016-09-14
And, as you know, last week he became the first US president to visit Lao, PDR. The United States is committed to our ... Our next question comes from ABS CBN in the Philippines. Please go ahead. Chiara: Yes, good morning. This is Chiara from ABS CBN.

DepEd, Metrobank honor outstanding teachers of 2016
news.pia.gov.ph - 2016-09-14
The Search for Outstanding Teachers is conducted annually, for more than 30 years now, by the Metrobank Foundation in partnership with the DepEd and the Commission on Higher Education (CHEd). (DepEd) The Philippine Information Agency (PIA) directly serves ...

GMA taps foreign film makers
thestandard.com.ph - 2016-09-13
GMA Network Inc. and APT Entertainment teamed up with Hollywood and Korean film makers for a movie project in the country. "This is an exciting time for us in GMA and we consider it a privilege to have the opportunity to work with Korean producers who ...

After Rizal photobomb, DMCI 'obstructs' NAIA flight path - Ejercito
Rappler - 2016-09-13
MANILA, Philippines - After photobombing the Rizal Monument at Luneta Park, property firm DMCI is now being accused of obstructing the flight path of the Ninoy Aquino International Airport (NAIA) with its high-rise condominium development. Senator Joseph ...